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Global war wine

The global wine industry is being influenced by a number of factors including consumer demand and changes in the way wine is produced and sold. There has been a shift in the perception of wine in the past half-century as consumers and producers have migrated away from the Old World philosophies to the modern-thinking the New World has brought about. By the 1990’s the average consumer’s palate changed – especially here in the U.S. where consumers were more apt to look for the premium ($7-14) and super-premium ($14+) wines. By this time, there was a drop in consumption in countries that traditionally consumed a great deal (France, Italy, Spain, Argentina, and Chile) while demand in other countries increased (U.K., Canada,…